Kshitij Consultancy Service Team

GBP-USD @ 2.0277/84...Bullish Biased
R: 2.0350 / 2.0390 / 2.0435
S: 2.0240 / 2.0174
GBP-USD has had a bit of a fall during the day. We entered a Long at 2.0300, which was stopped out at 2.0270. However, this fall is currently profit booking, and there could be a rally once again later on in the day, possibly towards 2.0435 later on (today or next week), which is on a trendline on the Daily Charts joining the highs of 1.9975 (27-Feb) and 2.0392 (13-Mar).
However, interim Resistance would come in at 2.0350 and 2.0390.
On the downside the Supports are at 2.0240 and then at 2.0174, on the trendline on the 4-Hourly joining the lows of 1.9720 (05-Mar) and 1.9995 (11-Mar). We are bullish on the pair.

USD-CHF @ 1.0107/12.....Bearish Biased
R: 1.0110 / 1.0170
S: 1.0025 / 1.0000-0.9997 / 0.9960
There has been no change in directional view in USD-CHF, which continues to be in a long-term downtrend. Now the pair is headed towards 1.0000, which is likely to act as a Support atleast for a few hours. Note that the statistically projected Max Low for the day is at 0.9997. However one could see sharp selling on a break of that level. There is a small intraday Support is at 1.0025-28, on the trendline on the 4-Hourly joining the lows of 1.0133 (07-Mar) and 1.0043 (13-Mar).
On the upside the Resistance is at 1.0110 and then at 1.0170. Selling rallies is still the best option.

AUD-USD @ 0.9384/88...Resistance near 0.9505
R: 0.9420 / 0.9480 / 0.9505
S: 0.9370 / 0.9340
AUD-USD did not move above its important Resistance of 0.9505 in the morning, and a sharp fall has been seen during the day. Now the pair is coming close to its Support of 0.9370, which could hold. A break below that could result in a fall towards 0.9340 before a bounce back.
On the upside the Resistance is at 0.9420 and then at 0.9480. The daily view for the pair is neutral, however buying on dips is likely.

Happy Trading!